Search
-
Government makes last-minute change to main homes bill in bid to satisfy creditors
EconomyProgrammebetween Athens and the institutions over the NPL issue. The official suggested that there is still time
11% -
Institutions warn of fiscal target being missed, reforms slowing
EconomyProgrammeof improvements in general. NPL reduction efforts are ongoing, though at a slow pace, the report notes. While
11% -
Piraeus Bank issues Tier II bond to strong demand
EconomyBankingpurpose vehicle. The end result will be the largest NPL management company in Greece. Intrum and Piraeus
11% -
Mitsotakis, ND officials rebuff suggestion of credit line
PoliticsGreek PoliticsMitsotakis would seek to use part of these funds to back an NPL-reduction plan for Greek banks. He said
11% -
Alpha Bank posts net profits of 59.4 mln in Q2, NPE sales worth 3.7 bln planned for remainder of year
EconomyBanking, lower rent expenses and reduced NPL remedial management costs and third-party fees. Costs
11% -
Newsletter 220 -20/09/2019
Looking for next steps forward Fourth post-MoU review underway, early IMF payment, NPL plans submitted The fourth review of the enhanced surveillance period began this week, with the institutions’ mission chiefs due in Athens on Monday Greece also submitted an official request this week to pre-pay
11% -
Athens looks to overcome APS snags as it awaits green light from Brussels
EconomyBankingand the eurozone, he did not comment publicly on the government’s efforts to tackle the NPL challenge
11% -
Newsletter 241 - 28/02/2020
NPL stock was now of utmost importance. 2 Economic sentiment at 113.2 in Feb Strong improvements
11% -
Piraeus Bank posts net profit of 49 mln in Q4 and 270 mln in 2019
EconomyBankingProtection Scheme (“HAPS”) to further derisk the bank’s balance sheet. NPL stock came to 16.8 billion euros
11% -
Piraeus Bank posts net loss of 232 mln in Q1 due to Covid-19 impact
EconomyBankingextended to non-NPL customers. All of the bank’s business customers had been contacted to assess impact
11%